Highland Gold Mining Limited Interim Scrip Dividend Pricing Announcement (8195X)
02 May 2019 - 4:00PM
UK Regulatory
TIDMHGM
RNS Number : 8195X
Highland Gold Mining Limited
02 May 2019
HIGHLAND GOLD MINING LIMITED
02 May 2019
Interim Scrip Dividend Pricing Announcement
Highland Gold Mining Limited ("Highland Gold" or the "Company",
AIM: HGM) announced on 12 April 2019 that its Board of Directors
had approved an interim dividend of GBP0.024 per share to be paid
to shareholders on 7 June 2019. The ex-dividend date was 25 April
2019 and the record date was 26 April 2019. Shareholders were
offered the option to elect to receive their dividends in pounds
sterling, US dollars, or via a sterling value Scrip Dividend
alternative in accordance with the Company's Scrip Dividend
Scheme.
The Scrip Dividend alternative requires a Scrip Dividend Mandate
to be completed and received by Link Asset Services by the Return
Date of 13 May 2019. The value for the issue of new shares under
the Scrip Dividend alternative is: GBP1.626 for each new share. The
value of the new shares offered by way of a scrip alternative is
calculated by reference to the average of the middle-market
quotations for a fully paid Ordinary Share for the day on which
such Ordinary Shares are first quoted "ex" the relevant dividend
and the 4 subsequent dealing days. The Scrip Dividend Mandate can
be completed via www.signalshares.com for shareholders holding
their shares in certificated form and via the CREST system if their
shares are uncertificated.
For the US dollar cash dividend option, payments are fixed at an
exchange rate of 0.765 GBP/US$, or US$ 0.031 per share. To receive
payment in US dollars, shareholders should complete and file the
Currency Election Form no later than the 13 May 2019. The Currency
Election Form and instructions for filing them are available on the
Company's website at address:
https://www.highlandgold.com/home/investors/dividends.
FOR FURTHER INFORMATION PLEASE CONTACT:
Highland Gold Mining Ltd. John Mann, Head of Communications
+ 7 495 424 95 21
Duncan Baxter, Non-Executive Director
+ 44 (0) 1534 814 202
Numis Securities Limited John Prior, James Black, Paul Gillam
(Nominated Adviser and +44 (0) 207 260 1000
Joint Broker)
BMO Capital Markets Limited Jeffrey Couch, Tom Rider, Pascal Lussier
(Joint Broker) Duquette
+44 (0) 207 236 1010
Peat & Co Charlie Peat
(Joint Broker) +44 (0) 207 104 2334
This information is provided by RNS, the news service of the
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contact rns@lseg.com or visit www.rns.com.
END
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